underwater option

underwater option
An employee share option is "underwater" or "out of the money" when the price which the employee has to pay to buy the shares under option (the option or exercise price) is greater than the current market value of the shares.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • underwater option — /ˌʌndə wɔ:tə ˌɒpʃən/ noun an option which has no value …   Dictionary of banking and finance

  • underwater options — Share options with an exercise price higher that the current share price. cf. underwater option Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

  • Underwater — 1. The condition of a call option when its strike price is higher than the market price of the underlying stock. 2. The condition of a put option when its strike price is lower than the market price of the underlying stock. Also known as out of… …   Investment dictionary

  • UNESCO Convention on the Protection of the Underwater Cultural Heritage — The UNESCO Convention on the Protection of the Underwater Cultural Heritage, adopted by the UNESCO General Conference on 2 November 2001 (hereinafter the 2001 Convention ) is an international treaty aimed at saving the underwater cultural… …   Wikipedia

  • Autonomous underwater vehicle — Picture taken from the HSV Swift by an employee of Bluefin Robotics Corporation during a US Navy exercise …   Wikipedia

  • G.I. Joe: The Rise of Cobra — This article is about the film. For the based on this movie, see G.I. Joe: The Rise of Cobra (video game). G.I. Joe: The Rise of Cobra …   Wikipedia

  • Submarine — For other uses, see Submarine (disambiguation). A Japan Maritime Self Defense Force Oyashio class submarine in 2006 A submarine is a watercraft capable of independent operation below the surface of the water. It differs from a submersible, which… …   Wikipedia

  • Maritime archaeology — A maritime archaeologist with the Lighthouse Archaeological Maritime Program in St. Augustine, Florida, recording the ship s bell discovered on the 18th century Storm Wreck. Maritime archaeology (also known as marine archaeology) is a discipline… …   Wikipedia

  • Paravane (water kite) — The paravane is a towed winged (hydrofoiled) underwater object water kite that has found applications in a peace and war. The water kites have been used in sport fishing, commercial fishing, marine industry, scientific exploration, water play,… …   Wikipedia

  • Deepwater Horizon oil spill — 2010 oil spill and BP oil spill redirect here. For other oil spills in 2010, see 2010 oil spill (disambiguation). For the 2006 oil spill involving BP, see Prudhoe Bay oil spill. For the drilling rig and explosion, see Deepwater Horizon… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”